Williams Rowland Acquisition (Williams Rowland Acquisition) EBIT : $-1.86 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Williams Rowland Acquisition EBIT?

Williams Rowland Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Williams Rowland Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 was 1.04%. Williams Rowland Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Williams Rowland Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.10%.

Williams Rowland Acquisition EBIT Historical Data

The historical data trend for Williams Rowland Acquisition's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Williams Rowland Acquisition EBIT Chart

Williams Rowland Acquisition Annual Data

Trend

Dec21

Dec22

EBIT

-1.57

Williams Rowland Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial						0.72	-1.52	-0.52	0.07	0.10

Competitive Comparison of Williams Rowland Acquisition's EBIT

For the Shell Companies subindustry, Williams Rowland Acquisition's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Williams Rowland Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Williams Rowland Acquisition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Williams Rowland Acquisition's EV-to-EBIT falls into.

Williams Rowland Acquisition EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.86 Mil.

Williams Rowland Acquisition (AMEX:WRAC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Williams Rowland Acquisition's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-1.104 * ( 1 - 131.08% )	/	( (37.6	+	28.535)	/ 2 )
=	0.3431232	/	33.0675
=	1.04 %

where

	Invested Capital		(Q: Jun. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	36.841	-	1.252	-	( 0.198	-	max(0, 2.277	-	0.266	+	0.198	))
=	37.6

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	27.436	-	0.688	-	( 0.101	-	max(0, 2.013	-	0.226	+	0.101	))
=	28.535

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Williams Rowland Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.408	/	( ( (0 + max(-1.184, 0))	+	(0 + max(-0.563, 0)) )	/	2 )
=	0.408	/	( ( 0	+	0 )	/	2 )
=	0.408	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.068)	-	(1.252	+	0	+	0)
=	-1.184

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.125)	-	(0.688	+	0	+	0)
=	-0.563

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Williams Rowland Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-1.864	/	88.870
	=	-2.10 %

Williams Rowland Acquisition EBIT Related Terms

Thank you for viewing the detailed overview of Williams Rowland Acquisition's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Williams Rowland Acquisition (Williams Rowland Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Williams Rowland Acquisition Corp (AMEX:WRAC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Post Road East, Westport, CT, USA, 06880

Website

https://www.williamsrowland.com

Williams Rowland Acquisition Corp is a blank check company.

Executives

David Brewster Williams	director, officer: Co- Chief Executive Officer	450 POST RD EAST, WESTPORT CT 06880
Tomago Collins	director	18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Kunkler William Charles Iii	director	222 N. LASALLE STREET, SUITE 1000, CHICAGO IL 60601
Brent Mcintosh	director	450 POST RD. EAST, WESTPORT CT 06880
Betsy L. Battle	director	450 POST RD EAST, WESTPORT CT 06880
Williams Rowland Sponsor Llc	10 percent owner	450 POST RD EAST, WESTPORT CT 06880
Wrac Ltd.	10 percent owner	450 POST RD EAST, WESTPORT CT 06880
Jonathan David Rowland	director, officer: Co-Chief Executive Officer	450 POST RD EAST, WESTPORT CT 06880

Williams Rowland Acquisition (Williams Rowland Acquisition) Headlines

From GuruFocus

Williams Rowland Acquisition Corp. To Transfer Listing To NYSE American

By sperokesalga sperokesalga • 02-14-2023